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Question3
Has DHL lost faith in ABX management?

Everyone knows it takes commitment and trust to build and maintain strong relationships. However, ABX management has let their relationship with DHL – their largest client – falter. In the words of ABX Holdings President and CEO, Joseph Hete, “The erosion of our stock price is not something we take lightly, but we believe it is primarily driven by uncertainty about our DHL relationship.”1

With ABX Air’s current ACMI agreement with DHL set to expire, the questions
are mounting.

dm

1. 3Q ABX Air Inc., Earnings Conference Call, held on Nov. 16, 2007
We have our plan, Does Management have theirs?